Business

U.S. Day Ahead: Apple, Samsung patent war continues

Aug 8 - Apple and Samsung are battling each other in courtrooms around the world over patents. Friday, the U.S. Federal Court will hear Apple's plea in the long-running patent case.

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Powering into Friday and RG energy is reporting second quarter earnings. The energy company just made to our -- acquisitions in Texas. Analysts are expecting revenues of over twelve million dollars which is an increase of about 6% of the same period last year. I think the company has a positive outlook because of increasing natural gas prices and the long term an excess cash which the company can put to use. Over the past year the stocks up 30%. Keeping with the energy -- world point terminals as making an initial public offering it owns and runs the storage terminals oil products. The company's been around for about a year it's looking to raise 212 million dollars. Bank of America Merrill Lynch is the sole underwriter some analysts think that shares priced between nineteen to 21 dollars your top story. Another round in the patent war between apple and Samsung. The US international trade commission would give its ruling on -- Samsung is violating Apple's patents. Here's what you need to know. Since when he eleven these lawsuits have been going on all over the world. Apple and Samsung are fighting about the design and technology of their products. In June of this year the IDC ban apple from importing and selling older iphones and ipads. Over this past weekend President Obama overruled this. Now on Friday I TC will rule at Samsung's phones and tablets should be banned from import to the United States. You can follow us on Twitter and Reuters Insider and watch more videos and Reuters dot com slash Reuters TV. I'm -- not that it is writer.

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